Capital Gains Tax on shares: 33% and the €1,270 exemption
For the 2026 tax year, gains on individual shares — Irish or foreign — are charged Irish Capital Gains Tax at 33%. Every individual has an annual personal exemption of €1,270 that reduces taxable gains; it cannot be transferred between spouses or carried forward if unused. Losses in the CGT system can be offset against gains and carried forward.
Two dates matter for payment. CGT on disposals made between 1 January and 30 November is due by 15 December of the same year; CGT on December disposals is due by 31 January of the following year. The return itself is filed the year after the disposal.
Shares and funds are taxed under different regimes
Individual shares fall under 33% CGT with the €1,270 exemption. Irish and EU-domiciled ETFs and funds fall under the separate exit-tax regime below — no €1,270 exemption and no loss relief against other gains.
Fund exit tax and the 8-year deemed disposal
Irish and EU-domiciled ETFs and investment funds are taxed under an exit-tax regime, not ordinary CGT. From 1 January 2026 the rate is 38%, reduced from 41% by Finance Act 2025 as a first step in a wider reform of fund taxation. The 8-year deemed disposal rule remains in place: you are treated as if you sold each holding on its eighth anniversary — and every eight years after — and pay 38% on the unrealised gain at that point, even though you still own it. Tax paid at a deemed disposal is credited against the tax due when you actually sell, so the same gain is not taxed twice.
Because each purchase lot starts its own 8-year clock, investors who buy monthly can accumulate dozens of separate deemed-disposal dates for a single ETF. Revenue does not send reminders, so tracking the clock is on you. Our free deemed disposal calculator works out the next date and the tax at each event, and AllInvestView keeps this history per lot inside your portfolio.
Reform is coming, but the 8-year rule is still live
The Funds Sector 2030 Review recommended aligning fund tax with CGT and removing deemed disposal. Budget 2026 cut the rate to 38% and confirmed a reform roadmap, but until legislation changes it, the 8-year deemed disposal still applies. Set the rate on your funds to 38% for 2026.
Dividends, withholding and encashment tax
Irish Dividend Withholding Tax (DWT) is charged at 25% on distributions from Irish companies. Encashment tax, also 25%, can apply to certain foreign dividends and interest collected through an Irish paying agent; it is creditable against your income tax. Foreign dividends are taxable in Ireland, and any foreign withholding may be relievable under the relevant double-taxation treaty — commonly reducing US withholding, for example, when a W-8BEN is in place.
AllInvestView's dividend report pulls your dividend income per holding and applies withholding through your dividend tax rules, so you can see gross income, tax withheld and net received for the year.
Form 11 versus CG1
Which form you use depends on whether you are a self-assessed "chargeable person":
| Form 11 | Form CG1 |
|---|---|
| Filed by self-assessed chargeable persons through ROS. Covers income and capital gains together. | Used by PAYE taxpayers who are not chargeable persons to report capital gains only. |
| Includes non-PAYE income, dividends, and CGT computations. | A shorter CGT return where no full income-tax self-assessment is required. |
In both cases you need clean figures: cost basis per lot, disposal proceeds, gains and losses, deemed-disposal events, and dividend income with withholding. That is exactly what the report assembles.
What the AllInvestView report gives you
The tax report consolidates every trade across your brokers into a single Irish view:
- Realised gains per disposal with FIFO lot matching and the 33% CGT rule applied.
- Deemed disposal tracking on EU-domiciled fund lots, flagged before each 8-year event.
- Dividend income and withholding for the year, gross to net.
- Multi-currency handling using historical exchange rates, so foreign disposals convert correctly.
- Exports to PDF, Excel and CSV to hand to your accountant or type into Form 11 / CG1.
It does not file your return or apply the €1,270 exemption for you — it gives you accurate, audit-ready numbers so filing is a copy-across rather than a spreadsheet marathon.
Frequently asked questions
Not tax advice. This page summarises the main Irish investment tax rules for the 2026 tax year (33% CGT with the €1,270 exemption, 38% fund exit tax and the 8-year deemed disposal, 25% dividend withholding). Rates and rules change and your circumstances differ. Confirm your position with the Revenue Commissioners or a qualified tax adviser before acting.